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$2,999,900

  • For Sale
  • Active
  • Multi-Family
  • 25 Units
  • 27 Total Beds
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Prime Income-Producing Multifamily Property in Downtown Mount Pleasant. Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units-23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy-100% leased and generating consistent income

Full Property Details for 316 W 7th St #100-124

General

  • Price: $2,999,900
  • Taxes: $16,054
  • Status: Active
  • Type: Multi-Family
  • Source: NTREIS
  • MLS ID: 20925425
  • Updated: 1/5/2026
  • Added to Site: 297 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 25
  • Full Bathrooms: 25

Bedrooms

  • Total Bedrooms: 27

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Covered

Parking

  • Total Spaces: 25
  • Parking Features: On Site, Outside, Parking Lot

Location

  • County: Titus
  • Subdivision: Mt Pleasant City Blocks
  • Driving Directions: Gps friendly

School Information

  • Elem School District: Mount Pleasant ISD
  • Midd School District: Mount Pleasant ISD
  • High School District: Mount Pleasant ISD
  • Elementary School: Annie Sims
  • Middle School: Wallace
  • High School: Mount Pleasant

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Brick
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 20,028
  • Sq. Ft. Source: Public Records
  • Year Built: 1965

Lot Features

  • Lot Size (Acres): 1.136
  • Lot Size (Sq. Ft.): 49,484.16
  • Frontage: All Weather Road
  • Lot Features: Landscaped, Sprinkler System
  • Fencing (Description): Fenced, Wood

Financial Considerations

  • Tax Amount: $16,054
  • Terms: Cash, Conventional, 1031 Exchange, Other, Private Financing Available

Disclosures and Reports

  • Legal Description: MT PLEASANT CITY BLOCKS BLK 55 LOT 2 - 5 1.13
  • Property ID: 10691
  • Block: 55
  • Lot Number: 2

Listed by Texas Legacy Realty, Dennys Gonzalez

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Listing agent

— 316 W 7th St #100-124 —

  • Dennys Gonzalez

    Texas Legacy Realty

817-312-6165

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 316 W 7th St #100-124

School District:Mount Pleasant Independent School District
NameGradesDistance
Vivian Fowler Elementary School
503 N O Tyson, Mount Pleasant, TX 75455
K-40.4 mi
P E Wallace Middle School
504 Dunn Avenue, Mount Pleasant, TX 75455
5-61.3 mi
Mount Pleasant J High School
2801 Old Paris Road, Mount Pleasant, TX 75455
7-81.9 mi
Mount Pleasant High School
2110 North Edwards Avenue, Mount Pleasant, TX 75455
11-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316 W 7th St #100-124 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$2,999,900
—
MLS
5/05/2025
Listed
$2,999,999
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Texas Legacy Realty, Dennys Gonzalez

316 W 7 Street #100-124, Mt Pleasant, TX 75455 (MLS# 20925425) is a Multi-Family property with 25 units containing 27 bedrooms and 25 full bathrooms. 316 W 7 Street #100-124 is currently listed for $2,999,900 and was received on May 05, 2025. Want to learn more about 316 W 7 Street #100-124? Do you have questions about finding other Multi-Family real estate for sale in Mt Pleasant? You can browse all Mt Pleasant real estate or contact a Coldwell Banker agent to request more information.

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